When a clear barometer for the health of the global economy is in trouble, don't see any logic for equity market to soar high.
Can look for short trade below 2.45 for positional target of 2.0 and may be 1.44 for potential LT bottom.
Can look for short trade below 2.45 for positional target of 2.0 and may be 1.44 for potential LT bottom.
Note
LTP - 2.22. 14% down posted level.Note
LTP - 2.0. Positional Target 1 hit. 28% down from posted level.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.